Founded in Genoa in 1946, Cambiaso Risso Group operates through 18 offices with 252 staff, of which 170 in insurance brokerage, of 18 different nationalities. In 2018 total written premia has been € 360 million, originating net brokerage for € 24 million.

Company concentrates in Hull insurance, Cargo and  P&I (no non-marine) serving their Clients, most of them from Greece, Italy, Germany, Far East and from other areas where shipping has a significant presence.

After 9 years partnership with Aon (a period during which Cambiaso Risso Marine maintained their completely independent management, at the same giving Cambiaso Risso Marine the opportunity of working within one of the largest – if not the largest – insurance broking Groups) by 2008 Cambiaso Risso Marine regained their full independency and started the phase of international expansion which is still in progress.

It is now more than 40 years from the time when the company obtained the appointment by the first Greek ship-owners, which started an unequalled experience of success and mutual trust: in an extremely competitive environment, where the quality of service is always challenged: such a long-term continuity is proof of the level of Client’s satisfaction.

Marine Hull is the company main line of business. This last, even more than before, requires direct access to the most influential international marine insurance markets, particularly (besides London), the Nordic Countries and the Far East.

The Group strategy has consequently led to set foot, with own offices and staff, in London, Bergen and Singapore with some representative offices also in Naples, Trieste, Athens, Monte Carlo, Istanbul and Seoul.

CR International (former CR MAG), with its headquarter in Naples and branch office in London, is fully licensed Lloyd’s Brokers enabling our Group to have direct access to that market, whereas Cambiaso Risso Asia covers the Far East Market from their office in Singapore. CR Nordic, with their office in Bergen, operates on Scandinavian market. The expansion of this last decade has been crucial in improving Cambiaso Risso Marine ability to serve shipowners.

 

In  April 2019 Cambiaso Risso Marine signed a strategic partnership with SIACI Saint Honoré, a leading company in the fields of industrial risk protection, marine, international mobility, and employee benefits for large and mid-cap corporates.

The complementarity between the two groups is very strong in the marine area, between the unchallenged leadership of Cambiaso Risso in the Hull and Machinery area, and the strong stake in Cargo of SIACI SAINT HONORE, which added CAP MARINE in 2016 to its rich marine offer. CAP MARINE specialised entity could also bring its P&I expertise to strengthen the provided services.  The agreement between Cambiaso Risso and SIACI SAINT HONORE represents something of a first in the world of insurance brokerage sector, wherein several acquisitions have occurred over the last ten years, but no strategic partnership has been established that ensures managers the autonomy and independence needed, while providing the potential synergies within and outside the Marine field. Cambiaso Risso could already boast that it is a unique operation, with the repurchase of its marine branch.

The new Cambiaso Risso will be able to count on significant investments aimed at overcoming its current geographical limits in collaboration with the French group’s mergers and acquisitions unit.